Lifecycle Thailand × Know Your Client Process– Standard risk questionnaire × Focus primarily on risk preference (i.e., an investor’s aversion to risk) and ignore risk capacity (i.e., an investor’s ability to
SEC (Dec 2014) 6 Source: 2015 Investment Company Fact Book. Investment Company Institute. 2015 In the US, investor preference towards lower-cost funds makes the asset-weighted fees at the industry level
marketed as actively managed funds (94% of our sample), which means that fund managers will attempt to use their skills to outperform the market, whether through stock selection or market timing. While we do
first major period of generational succession. • Succession versus professionalization. - Surveys suggest preference amongst Asian family-firms for succession but growing recognition of need for
role on this committee. To further improve the selection process, the Principles also call for full and timely disclosure of the experience and background of candidates for the board and the nomination
flavors of active management (e.g. tactical asset allocation, security selection, etc.). Alpha and beta are at the heart of traditional performance analysis; however, as we show in this paper, they are only
impressive. For illiquidity stock, the shareholder wealth of illiquidity stocks depends on the investors’ choice whether they prefer to today payment as the dividend yield or they could wait on wealth in
four but not more than six persons, appointed by the Minister of Finance through the process of the Selection Committee. They must not have conflicts of interest according to the specified rules and
• Require less monitoring from investors Active management • Possess selection & market timing abilities • Use various strategies to seek alpha An excerpt from sale kits of a trigger fund. [Expectations
performance Strategic Allocation Policy Tactical Asset Allocation Policy Investment performance Strategic Allocation Policy Tactical Asset Allocation Policy Strategic Allocation Policy Security Selection P as